87820 Federal Register / Vol. 88, No. 242 / Tuesday, December 19, 2023 / Notices 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 90610, 

86 FR 18596 (April 9, 2021) (S7–03–20). 

4 15 U.S.C. 78f(b). 

5 15 U.S.C. 78f(b)(5). 

3. Docket No(s).: MC2024–113 and 

CP2024–118; Filing Title: USPS Request 

to Add Priority Mail Express, Priority 

Mail & USPS Ground Advantage 

Contract 35 to Competitive Product List 

and Notice of Filing Materials Under 

Seal; Filing Acceptance Date: December 

12, 2023; Filing Authority: 39 U.S.C. 

3642, 39 CFR 3040.130 through 

3040.135, and 39 CFR 3035.105; Public 

Representative: Kenneth R. Moeller; 

Comments Due: December 20, 2023. 

4. Docket No(s).: MC2024–114 and 

CP2024–119; Filing Title: USPS Request 

to Add Priority Mail Express, Priority 

Mail & USPS Ground Advantage 

Contract 36 to Competitive Product List 

and Notice of Filing Materials Under 

Seal; Filing Acceptance Date: December 

12, 2023; Filing Authority: 39 U.S.C. 

3642, 39 CFR 3040.130 through 

3040.135, and 39 CFR 3035.105; Public 

Representative: Kenneth R. Moeller; 

Comments Due: December 20, 2023. 

5. Docket No(s).: MC2024–115 and 

CP2024–120; Filing Title: USPS Request 

to Add Priority Mail Express, Priority 

Mail & USPS Ground Advantage 

Contract 37 to Competitive Product List 

and Notice of Filing Materials Under 

Seal; Filing Acceptance Date: December 

12, 2023; Filing Authority: 39 U.S.C. 

3642, 39 CFR 3040.130 through 

3040.135, and 39 CFR 3035.105; Public 

Representative: Kenneth R. Moeller; 

Comments Due: December 20, 2023. 

6. Docket No(s).: MC2024–116 and 

CP2024–121; Filing Title: USPS Request 

to Add Priority Mail & USPS Ground 

Advantage Contract 140 to Competitive 

Product List and Notice of Filing 

Materials Under Seal; Filing Acceptance 

Date: December 12, 2023; Filing 

Authority: 39 U.S.C. 3642, 39 CFR 

3040.130 through 3040.135, and 39 CFR 

3035.105; Public Representative: 

Christopher C. Mohr Comments Due: 

December 20, 2023. 

7. Docket No(s).: MC2024–117 and 

CP2024–122; Filing Title: USPS Request 

to Add Priority Mail & USPS Ground 

Advantage Contract 141 to Competitive 

Product List and Notice of Filing 

Materials Under Seal; Filing Acceptance 

Date: December 12, 2023; Filing 

Authority: 39 U.S.C. 3642, 39 CFR 

3040.130 through 3040.135, and 39 CFR 

3035.105; Public Representative: 

Christopher C. Mohr; Comments Due: 

December 20, 2023. 

This Notice will be published in the 

Federal Register. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2023–27808 Filed 12–18–23; 8:45 am] 

BILLING CODE 7710–FW–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–99152; File No. SR– 

PEARL–2023–68] 

Self-Regulatory Organizations; MIAX 

PEARL LLC; Notice of Filing and 

Immediate Effectiveness of a Proposed 

Rule Change To Amend Exchange 

Rule 100, Definitions, Rule 530, Limit 

Up-Limit Down, Rule 2612, Minimum 

Price Variations, Rule 2614, Orders and 

Order Instructions, and Rule 2705 

Prohibition Against Trading Ahead of 

Customer Orders 

December 13, 2023. 

Pursuant to section 19(b)(1) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on December 

6, 2023, MIAX PEARL LLC (‘‘MIAX 

Pearl’’ or ‘‘Exchange’’) filed with the 

Securities and Exchange Commission 

(‘‘Commission’’) a proposed rule change 

as described in Items I and II below, 

which Items have been prepared by the 

Exchange. The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to update 

citations to Rule 600(b) of Regulation 

National Market System (‘‘Regulation 

NMS’’) in Exchange Rule 100, 

Definitions, Rule 530, Limit Up-Limit 

Down, Rule 2612, Minimum Price 

Variations, Rule 2614, Orders and Order 

Instructions, and Rule 2705 Prohibition 

Against Trading Ahead of Customer 

Orders. 

The text of the proposed rule change 

is available on the Exchange’s website at 

https://www.miaxglobal.com/markets/ 

us-equities/pearl-equities/rule-filings, at 

MIAX Pearl’s principal office, and at the 

Commission’s Public Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

Exchange included statements 

concerning the purpose of and basis for 

the proposed rule change and discussed 

any comments it received on the 

proposed rule change. The text of these 

statements may be examined at the 

places specified in Item IV below. The 

Exchange has prepared summaries, set 

forth in sections A, B, and C below, of 

the most significant aspects of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to update 

citations to Rule 600(b) of Regulation 

NMS in Exchange Rule 100, Definitions, 

Rule 530, Limit Up-Limit Down, Rule 

2612, Minimum Price Variations, Rule 

2614, Orders and Order Instructions, 

and Rule 2705 Prohibition Against 

Trading Ahead of Customer Orders. 

In 2021, the Securities and Exchange 

Commission (the ‘‘Commission’’) 

amended Regulation NMS under the Act 

in connection with the adoption of the 

Market Data Infrastructure Rules.3 As 

part of that initiative, the Commission 

adopted new definitions in Rule 600(b) 

of Regulation NMS and renumbered the 

remaining definitions, including the 

definitions of Trading Center (formerly 

Rule 600(b)(82)), Regular Trading Hours 

(formerly Rule 600(b)(77)), NMS Stock 

(formerly Rule 600(b)(48)), and 

Intermarket Sweep Order (formerly Rule 

600(b)(31)). 

The Exchange accordingly proposes to 

update the relevant citations to Rule 

600(b) in its rules as follows: 

• The citation to the definition of 

Trading Center in Rule 100 would be 

changed to Rule 600(b)(82). 

• The citation to the definition of 

Regular Trading Hours in Rule 530, 

Limit Up-Limit Down, would be 

changed to Rule 600(b)(77). 

• The citation to the definition of 

NMS Stock in Rule 2612(a) would be 

changed to Rule 600(b)(55). 

• The citation to the definition of 

Intermarket Sweep Order in Rule 2614 

and Rule 2705, would be changed to 

Rule 600(b)(38). 

2. Statutory Basis 

The Exchange believes the proposed 

rules changes are consistent with the 

Act and the rules and regulations 

thereunder applicable to the Exchange 

and, in particular, the requirements of 

section 6(b) of the Act.4 Specifically, the 

Exchange believes the proposed rules 

changes are consistent with section 

6(b)(5) 5 requirements that the rules of 

an exchange be designed to prevent 

fraudulent and manipulative acts and 

practices, to promote just and equitable 

principles of trade, to foster cooperation 

and coordination with persons engaged 


lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 88, No. 242 / Tuesday, December 19, 2023 / Notices 87821 

6The term ‘‘Member’’ means an individual or 

organization that is registered with the Exchange 

pursuant to Chapter II of Exchange Rules for 

purposes of trading on the Exchange as an 

‘‘Electronic Exchange Member’’ or ‘‘Market Maker.’’ 

Members are deemed ‘‘members’’ under the 

Exchange Act. See the Definitions Section of the 

Fee Schedule and Exchange Rule 100. 

7The term ‘‘System’’ means the automated 

trading system used by the Exchange for the trading 

of securities. See Exchange Rule 100. 

8 15 U.S.C. 78s(b)(3)(A). 

9 17 CFR 240.19b–4(f)(6). 

10 In addition, Rule 19b–4(f)(6) requires a selfregulatory organization to give the Commission 

written notice of its intent to file the proposed rule 

change at least five business days prior to the date 

of filing of the proposed rule change, or such 

shorter time as designated by the Commission. The 

Exchange has satisfied this requirement. 

11 17 CFR 240.19b–4(f)(6)(iii). 

12For purposes only of waiving the 30-day 

operative delay, the Commission has also 

considered the proposed rule’s impact on 

efficiency, competition, and capital formation. See 

15 U.S.C. 78c(f). 

in regulating, clearing, settling, 

processing information with respect to, 

and facilitating transactions in 

securities, to remove impediments to 

and perfect the mechanism of a free and 

open market and a national market 

system, and, in general, to protect 

investors and the public interest. 

The Exchange believes that the 

proposed changes to its rules to correct 

citations to Rule 600(b) of Regulation 

NMS would remove impediments to 

and perfect the mechanism of a free and 

open market and a national market 

system because the proposed change is 

designed to update an external rule 

reference. The Exchange believes that 

Members 6 would benefit from the 

increased clarity, thereby reducing 

potential confusion and ensuring that 

those subject to the Exchange’s 

jurisdiction, regulators, and the 

investing public can more easily 

navigate and understand the Exchange’s 

rules. The Exchange further believes 

that the proposed changes would not be 

inconsistent with the public interest and 

the protection of investors because 

investors will not be harmed and in fact 

would benefit from increased clarity, 

thereby reducing potential confusion. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange believes that the 

proposed rules changes would not 

impose any burden on competition that 

is not necessary or appropriate in 

furtherance of the purposes of the Act. 

The proposed rules changes is not 

intended to address competitive issues 

but rather would modify Exchange rules 

to update citations to Rule 600(b) of 

Regulation NMS. Since the proposal 

does not substantively modify System 7

functionality or processes on the 

Exchange, the proposed changes will 

not impose any burden on competition 

nor are they meant to affect competition 

among the exchanges. For these reasons, 

the Exchange believes that the proposed 

rules changes reflect this competitive 

environment and do not impose any 

undue burden on intermarket 

competition. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

Written comments were neither 

solicited nor received. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Pursuant to section 19(b)(3)(A) of the 

Act 8 and Rule 19b-4(f)(6) 9 thereunder, 

the Exchange has designated this 

proposal as one that effects a change 

that: (i) does not significantly affect the 

protection of investors or the public 

interest; (ii) does not impose any 

significant burden on competition; and 

(iii) by its terms, does not become 

operative for 30 days after the date of 

the filing, or such shorter time as the 

Commission may designate if consistent 

with the protection of investors and the 

public interest.10

A proposed rule change filed 

pursuant to Rule 19b–4(f)(6) under the 

Act normally does not become operative 

for 30 days after the date of its filing. 

However, Rule 19b–4(f)(6)(iii) 11 permits 

the Commission to designate a shorter 

time if such action is consistent with the 

protection of investors and the public 

interest. The Exchange requests that the 

Commission waive the 30-day operative 

delay so that the proposal may become 

operative immediately upon filing. The 

proposal raises no novel legal or 

regulatory issues, and operative delay 

waiver would permit the Exchange to 

promptly correct citations to Rule 600(b) 

of Regulation NMS in order to alleviate 

potential investor or public confusion 

and add clarity to its rules. Therefore, 

the Commission believes that waiver of 

the 30-day operative delay is consistent 

with the protection of investors and the 

public interest. Accordingly, the 

Commission hereby waives the 30-day 

operative delay and designates the 

proposed rule change operative upon 

filing.12

At any time within 60 days of the 

filing of the proposed rule change, the 

Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. If the 

Commission takes such action, the 

Commission shall institute proceedings 

to determine whether the proposed rule 

should be approved or disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s internet 

comment form (https://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include file number SR– 

PEARL–2023–68 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to file 

number SR–PEARL–2023–68. This file 

number should be included on the 

subject line if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

internet website (https://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for website viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE, 

Washington, DC 20549, on official 

business days between the hours of 10 

a.m. and 3 p.m. Copies of the filing also 

will be available for inspection and 

copying at the principal office of the 

Exchange. Do not include personal 

identifiable information in submissions; 

you should submit only information 

that you wish to make available 

publicly. We may redact in part or 

withhold entirely from publication 

submitted material that is obscene or 

subject to copyright protection. All 


lotter on DSK11XQN23PROD with NOTICES1
87822 Federal Register / Vol. 88, No. 242 / Tuesday, December 19, 2023 / Notices 

13 17 CFR 200.30–3(a)(12), (59). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 98846 

(Nov. 2, 2023), 88 FR 77116. Comments on the 

proposed rule change are available at: https:// 

www.sec.gov/comments/sr-cboebzx-2023-087/

srcboebzx2023087.htm. 

4 15 U.S.C. 78s(b)(2). 

5 15 U.S.C. 78s(b)(2). 

6 17 CFR 200.30–3(a)(31). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3The Exchange notes that all the rules of Chapter 

IV of the MIAX Options Exchange, including Rule 

404, are incorporated by reference to MIAX 

Emerald. 

4See Securities Exchange Act Release No. 98905 

(November 13, 2023) (SR–ISE–2023–11) (Order 

Approving a Proposed Rule Change to Amend the 

Short Term Option Series Program to Permit the 

Listing of Two Wednesday Expirations for Options 

on Certain Exchange Traded Products) (‘‘Nasdaq 

ISE Approval’’). 

5See Securities Exchange Act Release No. 99035 

(November 29, 2023), 88 FR 84367 (December 5, 

2023) (SR–Cboe–2023–062). 

submissions should refer to file number 

SR–PEARL–2023–68 and should be 

submitted on or before January 9, 2024. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.13

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–27784 Filed 12–18–23; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–99151; File No. SR– 

CboeBZX–2023–087] 

Self-Regulatory Organizations; Cboe 

BZX Exchange, Inc.; Notice of 

Designation of a Longer Period for 

Commission Action on a Proposed 

Rule Change To List and Trade Shares 

of the Invesco Galaxy Ethereum ETF 

Under BZX Rule 14.11(e)(4), 

Commodity-Based Trust Shares 

December 13, 2023. 

On October 20, 2023, Cboe BZX 

Exchange, Inc. (‘‘Exchange’’) filed with 

the Securities and Exchange 

Commission (‘‘Commission’’), pursuant 

to section 19(b)(1) of the Securities 

Exchange Act of 1934 (‘‘Act’’) 1 and Rule 

19b–4 thereunder,2 a proposed rule 

change to list and trade shares of the 

Invesco Galaxy Ethereum ETF under 

BZX Rule 14.11(e)(4), Commodity-Based 

Trust Shares. The proposed rule change 

was published for comment in the 

Federal Register on November 8, 2023.3

Section 19(b)(2) of the Act 4 provides 

that within 45 days of the publication of 

notice of the filing of a proposed rule 

change, or within such longer period up 

to 90 days as the Commission may 

designate if it finds such longer period 

to be appropriate and publishes its 

reasons for so finding or as to which the 

self-regulatory organization consents, 

the Commission shall either approve the 

proposed rule change, disapprove the 

proposed rule change, or institute 

proceedings to determine whether the 

proposed rule change should be 

disapproved. The 45th day after 

publication of the notice for this 

proposed rule change is December 23, 

2023. The Commission is extending this 

45-day time period. 

The Commission finds it appropriate 

to designate a longer period within 

which to take action on the proposed 

rule change so that it has sufficient time 

to consider the proposed rule change 

and the issues raised therein. 

Accordingly, the Commission, pursuant 

to section 19(b)(2) of the Act,5

designates February 6, 2024, as the date 

by which the Commission shall either 

approve or disapprove, or institute 

proceedings to determine whether to 

disapprove, the proposed rule change 

(File No. SR–CboeBZX–2023–087). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.6

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–27806 Filed 12–18–23; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–99160; File No. SR–MIAX– 

2023–49] 

Self-Regulatory Organizations; Miami 

International Securities Exchange LLC; 

Notice of Filing and Immediate 

Effectiveness of a Proposed Rule 

Change To Amend Rule 404, Series of 

Option Contracts Open for Trading 

December 13, 2023. 

Pursuant to section 19(b)(1) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on December 

11, 2023, Miami International Securities 

Exchange LLC (‘‘MIAX’’ or ‘‘Exchange’’) 

filed with the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I and II below, which Items have 

been prepared by the Exchange. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange is filing a proposal to 

amend Exchange Rule 404, Series of 

Option Contracts Open for Trading. 

The text of the proposed rule change 

is available on the Exchange’s website at 

https://www.miaxglobal.com/markets/ 

us-options/miax-options/rule-filings, at 

MIAX’s principal office, and at the 

Commission’s Public Reference Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

Exchange included statements 

concerning the purpose of and basis for 

the proposed rule change and discussed 

any comments it received on the 

proposed rule change. The text of these 

statements may be examined at the 

places specified in Item IV below. The 

Exchange has prepared summaries, set 

forth in sections A, B, and C below, of 

the most significant aspects of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to amend 

Rule 404, Series of Option Contracts 

Open for Trading.3 Specifically, the 

Exchange proposes to amend 

Interpretations and Policies .02 to 

expand the Short Term Option Series 

Program to permit the listing of two 

Wednesday expirations for options on 

United States Oil Fund, LP (‘‘USO’’), 

United States Natural Gas Fund, LP 

(‘‘UNG’’), SPDR Gold Shares (‘‘GLD’’), 

iShares Silver Trust (‘‘SLV’’), and 

iShares 20+ Year Treasury Bond ETF 

(‘‘TLT’’) (collectively ‘‘Exchange Traded 

Products’’ or ‘‘ETPs’’). This is a 

competitive filing based on proposals 

submitted by Nasdaq ISE, LLC (‘‘Nasdaq 

ISE’’),4 and the Cboe Options Exchange 

(‘‘Cboe Exchange’’).5

Currently, as set forth in Policy .02 of 

Rule 404, after an option class has been 

approved for listing and trading on the 

Exchange, the Exchange may open for 

trading on any Thursday or Friday that 

is a business day (‘‘Short Term Option 

Opening Date’’) series of options on that 

class that expire at the close of business 

on each of the next five Fridays that are 

business days and are not Fridays on 

which monthly options series or 

Quarterly Options Series expire 

(‘‘Friday Short Term Option Expiration 

Dates’’). The Exchange may have no 


lotter on DSK11XQN23PROD with NOTICES1